TFI Return On Tangible Equity 2020-2024 | TFII
- TFI average return on tangible equity for 2023 was 77.97, a 50.58% increase from 2022.
- TFI average return on tangible equity for 2022 was 157.77, a 64.97% decline from 2021.
- TFI average return on tangible equity for 2021 was 450.37, a 41.86% decline from 2020.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.